Sage Advisory Services, Ltd.Co.

AUSTIN, TX

$203m in 46 US stocks at the end of 30 June 2026. The top 10 are 67.3% of the money. It changed about 12.2% of the portfolio this quarter.

Value

$203m

Stocks

Top 10 share

67.3%

Turnover

12.2%

What changed this quarter

New

Bought for the first time this quarter.

DBX ETF TRHYLB
2.2% of the fund
Ishares TRIGV
1.9% of the fund
Spdr Index SHS FDSSPEM
1.5% of the fund
DBX ETF TRSNPE
0.5% of the fund
Janus Detroit STR TRJBBB
0.1% of the fund
First BancorpFBP
0.1% of the fund
Nushares ETF TRNUSC
<0.1% of the fund

Added

Bought more of a stock they already held.

Ishares TRIVV
15.0% of the fund
+25%
Spdr Series TrustSPYG
13.5% of the fund
+5%
Spdr Index SHS FDSSPDW
7.2% of the fund
+2%
Janus Detroit STR TRJMBS
5.7% of the fund
+8%
Spdr Series TrustPSK
5.6% of the fund
+8%
Janus Detroit STR TRJSI
2.8% of the fund
+8%
Angel OAK Funds TrustCARY
2.8% of the fund
+7%
Janus Detroit STR TRJAAA
1.9% of the fund
+4%
Select Sector Spdr TRXLY
1.5% of the fund
+5%
Invesco Actively Managed EXCGSY
1.4% of the fund
+11%
J P Morgan Exchange Traded FJPST
1.4% of the fund
+8%
Ishares TRESGD
0.8% of the fund
+5%
Ishares TRTLT
0.3% of the fund
+6%
Ishares TRMBB
0.2% of the fund
+9%
Ishares TRIGIB
0.1% of the fund
+9%

Cut

Sold some of their stake.

Franklin Templeton ETF TRFLBL
7.8% of the fund
-3%
IsharesIEMG
4.2% of the fund
-2%
Ishares TRIHF
2.7% of the fund
-6%
Spdr Series TrustKBE
2.6% of the fund
-36%
Ishares TRIEFA
2.6% of the fund
-14%
Invesco Exchange Traded FD TRSPN
2.1% of the fund
-38%
Ishares TRIEF
1.7% of the fund
-14%
Ishares TRUSHY
1.6% of the fund
-41%
Ssga Active ETF TRSRLN
0.8% of the fund
-34%
TCW ETF TrustVOTE
0.4% of the fund
-3%
IsharesESGE
0.4% of the fund
-3%

Sold out

Sold their entire stake.

Ishares TRVLUE
-100%
IsharesEEMA
-100%
Vanguard World FDESGV
-100%

Holdings

Ishares TRIVV
Share
15.0%
Value
$30m
Shares
40,668
+25%
Spdr Series TrustSPYG
Share
13.5%
Value
$27m
Shares
229,926
+5%
Franklin Templeton ETF TRFLBL
Share
7.8%
Value
$16m
Shares
694,133
-3%
Spdr Index SHS FDSSPDW
Share
7.2%
Value
$15m
Shares
290,047
+2%
Janus Detroit STR TRJMBS
Share
5.7%
Value
$12m
Shares
256,374
+8%
Spdr Series TrustPSK
Share
5.6%
Value
$11m
Shares
372,859
+8%
IsharesIEMG
Share
4.2%
Value
$9m
Shares
103,630
-2%
Janus Detroit STR TRJSI
Share
2.8%
Value
$6m
Shares
112,161
+8%
Angel OAK Funds TrustCARY
Share
2.8%
Value
$6m
Shares
274,360
+7%
Ishares TRIHF
Share
2.7%
Value
$5m
Shares
98,098
-6%
Spdr Series TrustKBE
Share
2.6%
Value
$5m
Shares
78,821
-36%
Ishares TRIEFA
Share
2.6%
Value
$5m
Shares
53,905
-14%
DBX ETF TRHYLB
Share
2.2%
Value
$5m
Shares
124,835
New
Invesco Exchange Traded FD TRSPN
Share
2.1%
Value
$4m
Shares
66,585
-38%
Janus Detroit STR TRJAAA
Share
1.9%
Value
$4m
Shares
77,527
+4%
Ishares TRIGV
Share
1.9%
Value
$4m
Shares
42,238
New
First TR Exchange-Traded FDGRID
Share
1.8%
Value
$4m
Shares
18,848
Held
Ishares TRIEF
Share
1.7%
Value
$3m
Shares
36,863
-14%
Ishares TRUSHY
Share
1.6%
Value
$3m
Shares
87,070
-41%
Select Sector Spdr TRXLY
Share
1.5%
Value
$3m
Shares
25,997
+5%
Spdr Index SHS FDSSPEM
Share
1.5%
Value
$3m
Shares
58,155
New
Invesco Actively Managed EXCGSY
Share
1.4%
Value
$3m
Shares
58,090
+11%
J P Morgan Exchange Traded FJPST
Share
1.4%
Value
$3m
Shares
56,161
+8%
Ssga Active ETF TRSRLN
Share
0.8%
Value
$2m
Shares
42,865
-34%
Ishares TRIGSB
Share
0.8%
Value
$2m
Shares
30,916
Held
Ishares TRESGD
Share
0.8%
Value
$2m
Shares
15,262
+5%
Ishares TRSHV
Share
0.7%
Value
$1m
Shares
12,078
Held
Ishares TRSHYG
Share
0.6%
Value
$1m
Shares
28,650
Held
Vaneck ETF TrustEMLC
Share
0.6%
Value
$1m
Shares
46,940
Held
DBX ETF TRSNPE
Share
0.5%
Value
$1m
Shares
15,251
New
TCW ETF TrustVOTE
Share
0.4%
Value
$914,000
Shares
10,361
-3%
Vaneck ETF TrustHYEM
Share
0.4%
Value
$891,000
Shares
44,310
Held
Spdr Series TrustEFIV
Share
0.4%
Value
$853,000
Shares
11,699
Held
Nushares ETF TRNULV
Share
0.4%
Value
$763,000
Shares
15,254
Held
IsharesESGE
Share
0.4%
Value
$746,000
Shares
13,639
-3%
Ishares TRTLT
Share
0.3%
Value
$539,000
Shares
6,234
+6%
Spdr Series TrustSPYD
Share
0.2%
Value
$476,000
Shares
9,987
Held
Ishares TRMBB
Share
0.2%
Value
$443,000
Shares
4,689
+9%
AB Active EtfsHYFI
Share
0.1%
Value
$278,000
Shares
7,435
Held
Janus Detroit STR TRJBBB
Share
0.1%
Value
$272,000
Shares
5,745
New
Ishares TREMB
Share
0.1%
Value
$261,000
Shares
2,707
Held
Amplify ETF TRDIVO
Share
0.1%
Value
$235,000
Shares
5,146
Held
Ishares TRREM
Share
0.1%
Value
$229,000
Shares
10,385
Held
Ishares TRIGIB
Share
0.1%
Value
$228,000
Shares
4,292
+9%
First BancorpFBP
Share
0.1%
Value
$204,000
Shares
7,834
New
Nushares ETF TRNUSC
Share
<0.1%
Value
$203,000
Shares
3,892
New

Company	Share of fund	Value	Shares	Change
Ishares TRIVV	15.0%	$30m	40,668	+25%
Spdr Series TrustSPYG	13.5%	$27m	229,926	+5%
Franklin Templeton ETF TRFLBL	7.8%	$16m	694,133	-3%
Spdr Index SHS FDSSPDW	7.2%	$15m	290,047	+2%
Janus Detroit STR TRJMBS	5.7%	$12m	256,374	+8%
Spdr Series TrustPSK	5.6%	$11m	372,859	+8%
IsharesIEMG	4.2%	$9m	103,630	-2%
Janus Detroit STR TRJSI	2.8%	$6m	112,161	+8%
Angel OAK Funds TrustCARY	2.8%	$6m	274,360	+7%
Ishares TRIHF	2.7%	$5m	98,098	-6%
Spdr Series TrustKBE	2.6%	$5m	78,821	-36%
Ishares TRIEFA	2.6%	$5m	53,905	-14%
DBX ETF TRHYLB	2.2%	$5m	124,835	New
Invesco Exchange Traded FD TRSPN	2.1%	$4m	66,585	-38%
Janus Detroit STR TRJAAA	1.9%	$4m	77,527	+4%
Ishares TRIGV	1.9%	$4m	42,238	New
First TR Exchange-Traded FDGRID	1.8%	$4m	18,848	Held
Ishares TRIEF	1.7%	$3m	36,863	-14%
Ishares TRUSHY	1.6%	$3m	87,070	-41%
Select Sector Spdr TRXLY	1.5%	$3m	25,997	+5%
Spdr Index SHS FDSSPEM	1.5%	$3m	58,155	New
Invesco Actively Managed EXCGSY	1.4%	$3m	58,090	+11%
J P Morgan Exchange Traded FJPST	1.4%	$3m	56,161	+8%
Ssga Active ETF TRSRLN	0.8%	$2m	42,865	-34%
Ishares TRIGSB	0.8%	$2m	30,916	Held
Ishares TRESGD	0.8%	$2m	15,262	+5%
Ishares TRSHV	0.7%	$1m	12,078	Held
Ishares TRSHYG	0.6%	$1m	28,650	Held
Vaneck ETF TrustEMLC	0.6%	$1m	46,940	Held
DBX ETF TRSNPE	0.5%	$1m	15,251	New
TCW ETF TrustVOTE	0.4%	$914,000	10,361	-3%
Vaneck ETF TrustHYEM	0.4%	$891,000	44,310	Held
Spdr Series TrustEFIV	0.4%	$853,000	11,699	Held
Nushares ETF TRNULV	0.4%	$763,000	15,254	Held
IsharesESGE	0.4%	$746,000	13,639	-3%
Ishares TRTLT	0.3%	$539,000	6,234	+6%
Spdr Series TrustSPYD	0.2%	$476,000	9,987	Held
Ishares TRMBB	0.2%	$443,000	4,689	+9%
AB Active EtfsHYFI	0.1%	$278,000	7,435	Held
Janus Detroit STR TRJBBB	0.1%	$272,000	5,745	New
Ishares TREMB	0.1%	$261,000	2,707	Held
Amplify ETF TRDIVO	0.1%	$235,000	5,146	Held
Ishares TRREM	0.1%	$229,000	10,385	Held
Ishares TRIGIB	0.1%	$228,000	4,292	+9%
First BancorpFBP	0.1%	$204,000	7,834	New
Nushares ETF TRNUSC	<0.1%	$203,000	3,892	New

Over time and by industry

Value over time

Jun '25

Dec '25

Jun '26

Value is up 10.7% since 30 June 2025.

Where the money is

Financial services0.1%

Other99.9%

From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.